CHEMED CORP — Director's Dealing 2018

May 7, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CHEMED CORP (CHE)
CIK: 0000019584
Period of Report: 2018-05-07

Reporting Person: WILLIAMS DAVID PATRICK (executive vice president & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-07	capital stock	M	16000	$157.36	Acquired	58895	Direct
2018-05-07	capital stock	F	11438	$313.98	Disposed	47457	Direct
2018-05-07	capital stock	S	10000	$316.08	Disposed	37457	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-07	stock option(right to buy with tandem tax withholding)	$157.36	M	16000	Disposed	2020-11-06	capital stock (16000)	Direct

Footnotes

F1: Payment of purchase price and tax obligation on stock option exercise.

F2: vesting in three equal annual installments commencing 11/6/2016.